The Australian market carried on the form from the last couple of weeks on the open today with more solid gains. It faded a little in the last two hours of trade for the XJO to close up 25 points. Price action was enough, however, to trigger several trades in the ASX Systematic Portfolio as it gets back into gear. The Materials, Property Trusts and Metals/Mining sectors lead the way, all up 1% for the day. The Utilities, Telecommunications, Consumer Discretionary and Information Technology sectors also had good days. Our currency remains strong and is at 1.0396 at the time of writing against the Greenback. In the US on Friday night the Dow closed just short of new highs for the year whilst the Dow Jones Transports had a bumper session, well and truly making a higher close for the year. It put on 1.3% compared to the Dow at 0.5%.